Page 60 - Maruti Suzuki

Maruti Suzuki opens bookings for all new Dzire

The model has been contributing to around 50% of vehicle sales in the compact sedan segment

Maruti Suzuki hits new high post April sales; m-cap crosses Rs 2 lakh crore

The stock up 2.7% at Rs 6,700, up 2.7% after MSIL reported domestic sales of 144,492 units in April

Maruti sells record 144,081 cars in April, domestic volumes up 23%

Maruti Suzuki has started the new financial year on a strong footing

Maruti Suzuki hits new high; m-cap inches closer to Rs 2 lakh crore mark

The stock moved higher by 3.3% to Rs 6,580, also its record high on the BSE.

Challenging FY17: Rising commodity, forex slow down Maruti's Q4 profit

However, full-year net up 37%, at record Rs 7,337 cr; board recommends dividend of Rs 75 a share

Maruti: Favourable product mix more important than before

While Maruti Suzuki may have beaten the demonetisation blues in terms of its sales volumes, March quarter (Q4) financial performance point to the intense competitive landscape, which is possibly holding it back from fully passing off cost pressure through price hikes. Consider this, even after its revenues grew by 20 per cent in Q4 to Rs 18,005 crore, beating analysts' expectations, Maruti's net profit grew by 15.8 per cent year-on-year to Rs 1,709 crore, lower than Bloomberg estimates of Rs 1,771 crore. It was also the slowest net profit growth in FY17.A large part of the pressure may be attributed to operating margins or profitability taking a hit in Q4 due to increasing costs of raw materials such as steel, aluminium and rubber and strengthening Japanese Yen against Indian rupee. Therefore, even if Maruti has undertaken cost reduction measures or improved its economies of scale, it didn't help arrest the fall in profitability. While a few analysts believe that the dip in ...

Maruti's most expensive car, S-Cross, crosses its first major milestone

It was after a long gap Maruti came up with a product that was priced well above Rs 1 million mark

Maruti 's new Dzire will roll out on 16 May: What to expect

Maruti Suzuki India's Dzire sales declined by 14.67% at 1,99,878 units in financial year 2016-17

Entry of new players will help us emerge stronger: Maruti Suzuki MD

Hoping to perform better than the industry in FY18, says Maruti Suzuki MD Kenichi Ayukawa

Maruti Suzuki to sell Ciaz through Nexa showrooms from April 1

Ciaz will join the existing NEXA line-up of S-Cross, Baleno and Ignis from April 1

6 Maruti models among top 10 best-selling PVs in Feb, Alto retains top spot

The company's compact sedan Dzire was second with 14,039 units compared with 13,888 in Feb 2016

Maruti Suzuki aims to improve upon own FY17 performance

Maruti Suzuki, the country's largest car maker, is drawing up an aggressive strategy for another year of double-digit growth in the domestic market. The company is set to bid the current financial year adieu with a growth rate of about 11 per cent in domestic sales on the back of products like Baleno and Brezza.The car manufacturer, which commands a 47 per cent share in the domestic passenger vehicle market, has seen an easing of capacity constraint after parent Suzuki inaugurated its plant in Gujarat last month."Our recent models like Baleno and Brezza are doing well. The network, including Nexa, is healthy and growing. The Gujarat plant will improve product availability. FY18 will be an important year in our medium-term goal of 2 million vehicle sales by 2020. Like in the past four-five years, we want to do better than the market next year," said Kenichi Ayukawa, managing director, Maruti Suzuki India.Maruti plans to launch two new models in FY18. The sustained demand for existing ..

Meet the former Maruti workers who were released after 2.5 yrs in jail

Additional Sessions Judge S K Khanduja had granted bail to 77 of the 148 accused three days ago

Maruti Suzuki to launch two new models, upgrade two old models in 2017-18

Out of the four, R S Kalsi said, two will be new models and two will be upgrades

Maruti Suzuki sales up 10.9% at 1,30,280 units in February

Sales of utility vehicles zoomed 110.5% to 17,863 units in February

Pay Rs 11,000 to book: Maruti opens online booking for Baleno RS

The vehicle will be launched in only one variant

Maruti stops selling Ritz hatchback in domestic, international markets

Launched in 2009 in both petrol and diesel versions, the Ritz sold a total of around 4 lakh units

Maruti to invest another Rs 1,900 cr over 2 years at Rohtak R&D centre

Maruti Suzuki, the country's largest car maker, says it aims to do all vehicle testing in-house, bringing down the reliance on its Japanese parent.It will invest another Rs 1,900 crore at its research and development (R&D) facility at Rohtak, Haryana, over the next couple of years; it had already put in Rs 1,900 crore. Equipped with vehicle testing and evaluation labs, and test tracks spread over 31 km, the 600-acre facility has already tested two of the latest cars (Brezza and Ignis) launched by the company. These tests have been done for the frontal and side crash and pedestrian safety norms. Earlier, its vehicles were sent to Japan for testing at Suzuki's facilities."Suzuki has a level of capability. We are also building capabilities at our end. Co-work with Suzuki will continue but we should be capable to do whatever is needed end-to-end for development and validation of a car," said C V Raman, executive director (engineering).Maruti started making its earlier 800-model in the

Maruti can't be heard on compensation post-land acquisition: Supreme Court

It said that the state may tranfer the land by public auction or by allotment at any price

With the Ciaz and Vitara, Maruti finally finds its way to the big league

With the Ciaz and Vitara, it has driven to the top spot in the premium sedan and SUV categories